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of john kerry, what does u.s. foreign policy gain and lose with kerry at the helm here. as we both know, secretary clinton had broad name recognition and on the flip side, some say john kerry comes with far more experience than when secretary clinton took up the job. >> well, obviously, this is, i believe, one of the most qualified individuals in the country and ever to be nominated secretary of state. these are his assets and one, he's participated the last 30 years in the major foreign policy debates in the country so deep knowledge. secondly, he's a combat veteran and a war hero so he knows the scourges of war and military involvement and thirdly, he's a man of the congress and one of the big problems in the state department is that they don't get funded for embassy security and consulate security like in benghazi. kerry can bring his enormous prestige as a senator for many years to get that funding. he's almost become president and foreign leaders respect him and the most important element, richard is his relationship with the president. it's a strong one. he's carried out a lot of
? >> so in fact it very important to our foreign policy and we're exporting our way of thinking of intellectual property. >> this is treasury secretary tim geithner slamming china on exactly this. >> we're seeing china continue to be very, very aggressive in a tragedy that they started decades ago which goes like this, we want you to tell to our country, we want you to come produce here. if you want to come produce here, we want to you export from china. if you want to come to produce here, you need to transfer your technology to us. and they have made possible systematic stealing of intellectual property of american companies and have not been aggressive in putting in the protection for the intellectual property that everyone needs. >> this is one of the big objectives is making sure that there are legal agreements in place that are going to export our intellectual property regime. >> right. and economic espionage is something that could be draining america of economy. what i'm trying to get is a balance between the public access and the investors incentive and that's where we'
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